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BrixBountyFarm 🎩
@brixbounty
So I see the government hasn’t rolled 4844 or blobs into CPI numbers. hmm… My base transactions have become less expensive. Never mind the hedonic adjustment of moving to Degen L3 for those low fees, picking up $ATH /alltimehigh https://x.com/jasonfurman/status/1778041250463019422?s=46&t=TVy9rDl3UkuxmVj4e18bOA
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Greg 🎩
@grwseismic
Just coming back to US from Portugal. Their food is 3-5x less expensive like for like. Infuriating.
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BrixBountyFarm 🎩
@brixbounty
Well there is a lot of subsidies in Euro Ag which influences pricing, and then deep pools of migrant labor in Spain and Portugal. Minimum wage in Portugal is ~$220 USD per week. So labor costs as a portion of food production are definitely going to be less. Mass where I live min wage is currently $15/hr > ~3x more.
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